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Italy’s national elections yielded no outright winner on Sunday, according to initial exit polls, likely ushering in a protracted period of political instability and tension in the eurozone’s third-largest economy.

By the end of her new term she will have served 16 years at the head of the German government, a rarity in Europe’s tumultuous political landscape, where the shelf life of democratically elected leaders is getting shorter and shorter.

Once viewed as an also-ran at home and abroad, Geely has leveraged its purchase of Volvo to improve its technology and emerge as the No. 1 local brand in China. Now, the company’s founder has bought a big stake in Daimler and Geely aims to conquer the rest of the world.